Aquis weekly movers: Quantum Exponential adjourns general meeting

Chris Akers continues to build his stake in Asimilar (LON: ASLR) ahead of the exit from the Aquis Stock Exchange. The shareholding rose from 13.4% to 14.1%. This pushed up the share price by 50% to 0.45p, which is still below the level before the announcement of the departure from the market.

Quantum Exponential Group (LON: QBIT) has adjourned a general meeting to gain shareholder approval for leaving Aquis. Investors have approached the company and offered to make a substantial investment. The share price recovered by one-third to 0.6p.

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Gunsynd (LON: GUN) has sold its 4.75% stake in Oscillate (LON: MUSH). This did not hit the share price, which rose 13.3% to 0.425p. Gunsynd is unchanged at 0.145p.

Martin Walton has stepped down from the board of MaxRets Ventures (LON: MAX) and Luciano Maranzana has been appointed as a director. The share price improved 10% to 5.5p.

Wishbone Gold (LON: WSBN) says drilling at the 100%-owned Cottesloe project in Western Australia indicates a large sediment hosted base metal mineralised system. These base metals can be used in lithium-ion batteries. There are highly anomalous lead-zinc and silver levels. The drilling has been in the south of the prospect area and drilling will switch to the northern area. The share price improved 4.55% to 1.15p.

Greece-based dry bulk shipping company Seaenergy is piloting the SulNOxEco fuel conditioner made by SulNOx Group (LON: SNOX). This product is designed to reduce emissions. The share price increased 1.56% to 32.5p.

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Cadence Minerals (LON: KDNC) investee company Evergreen Lithium has identified large lithium targets from soil sampling at the Bynoe project in the Northern Territory, Australia. Cadence Minerals has a 8.7% stake in Evergreen Lithium. The share price declined 9.09% to 5p.

Marula Mining (LON: MARU) says its partner NyoriGreen has applied for eight graphite mining licences and one prospecting licence in Tanzania. This could be granted in the second quarter. The share price fell 7.41% to 12.5p.

Aquis Exchange (LON: AQX) is working with Richard Croft of Martley Capital to establish a new segment of the Aquis Growth Market that focused on real asset backed investments. This could launch in the second half. The Aram segment will be open to commercial property, infrastructure and forestry asset owners. Richard Croft ran a company that was quoted on the International Property Securities Exchange (IPSX), which closed last year. Aquis Exchange has also secured a contract with the Central Bank of Colombia with technology for the operation of the government bond market. This should go live in 2026. The share price slipped 0.57% to 352p.

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